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Home - Commercial & Industrial - Welsh solar energy startup partners with Marston’s brewery.
Commercial & Industrial

Welsh solar energy startup partners with Marston’s brewery.

solarenergyBy solarenergyMay 16, 2024No Comments2 Mins Read
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Nuvolt, in partnership with HT Power, has initiated PPA facilities for both the headquarters and phase one of the initiative. Image: Nuvolt.

Cardiff-based Nuvolt has installed solar panels at Marston Brewery’s headquarters, St Johns House.

The solar power plant at St Johns House is expected to generate 87.73 MWh of clean energy annually.

Nuvolt provides design, installation and maintenance services and supports solution financing through Power Purchase Agreements (PPAs).

Matthew Phillips, co-founder and director of Nuvolt, said: “We are keen to be part of Marston’s journey to Net Zero as they strive to reduce energy consumption on their estate.

“This ambitious initiative extends beyond the head office to include solar panel installations in selected pubs and inns, significantly reducing their operational energy consumption and carbon footprint.”

Nuvolt, in partnership with HT Power, has initiated PPA facilities for both the headquarters and phase one of the initiative.

UK solar PPA market

In February, energy market analysts LevelTen Energy published a report on the European PPA sectors. The UK saw a 1% rise in PPA prices in the P25 solar price, which LevelTen attributed to the UK government increasing the administrative strike price for solar by 30% in the latest Contracts for Difference round from £47/MWh to £61/MWh.

More report coverage can be found on our sister site, PV technology.

Companies are increasingly partnering with solar companies through PPAs to provide clean energy for their commercial properties. In March, Bristol Airport entered into a virtual Corporate Power Purchase Agreement (CPPA) with renewable energy developer Luminous Energy.

This is believed to be the first renewable energy project to combine both a government Contract for Difference (CfD) scheme and a long-term corporate power purchase agreement.

See also  Bangladesh introduces a 0% tax rate for the solar energy sector

Bee the Renewable Energy Revenue Summit 2024 Next week in London, representatives from Luminous and Bristol Airport will join EY director Phil Dominy and Philippe Bazin, head of sustainable energy and green infrastructure at Novuna, for a panel discussion, Case study: Combining a vCPPA and CfD for a UK client.

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